What Does an AI Chatbot ‘Think’ About DeFi? We Asked ChatGPT
ChatGPT, CoinDesk’s new, robot-guest contributor, explains how AI might help (and harm) the future of DeFi.
Bank of Russia wants to ban miners from selling crypto to Russians
The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia.
Zodia Custody Introduces Service to Protect Against Crypto Exchange Insolvency
The crypto storage provider has rolled out a new service designed to protect clients’ digital assets from insolvency of crypto exchanges.
Proton Drive end-to-end encrypted cloud storage arrives on mobile
Proton, the Swiss company behind a range of privacy-focused online services, has officially brought its end-to-end encrypted (E2EE) cloud storage service to mobile. Founded in 2014, Proton was initially all about an encrypted Gmail alternative called Proton Mail, but in the intervening years the company has launched its own VPN and sought to replicate various … Read more
Xiaomi’s India business head quits amid growing scrutiny
Xiaomi’s business head in India has resigned as the Chinese smartphone giant faces regulatory pressure and intense scrutiny from the Indian government and sees growing competition from other homegrown Chinese vendors as well as Samsung. Raghu Reddy, Chief Business Officer, who was one of the prominent public faces and a part of the leadership team, … Read more
Gaia raises $3M to bring more science to the art of forestry
It’s all good and well to sell a carbon credit, but if you chop down the tree representing that credit as soon as the money hits the bank account, it’s not exactly a win for the planet. Gaia AI is building a tool that can be used for that, and other aspects of forest management, … Read more
StructureFlow helps attorneys visualize deal flow in a workflow-style interface
Most M&A deals involve a lot of activity from the buyer to the financiers and a myriad interested parties. The typical way of describing this is to write dense text in a contract explaining the relationships, an approach that quickly becomes difficult to follow, even for the most experienced legal minds. StructureFlow’s founder and CEO, … Read more
Proton’s encrypted cloud storage gets dedicated mobile apps
Proton Drive is an end-to-end encrypted cloud storage service that can be used to access files and securely share them with others — even if they’re not a Proton customer. | Image: Proton Proton, a privacy startup best known for its Proton Mail encrypted email service, has just announced that its end-to-end encrypted cloud storage … Read more
Three Arrow Capital’s Zhu, Davies Subpoenaed in US Bankruptcy Case
The New York Bankruptcy Court wants to gain information about the collapsed crypto hedge fund’s founders and investment managers
African credit-led fintech Finclusion raises additional capital amidst rebrand
African credit-led neobank Finclusion Group has raised an additional $2 million in equity financing as it officially rebrands to Fin, the company said in a statement shared with TechCrunch. The news follows a January announcement that the fintech, which uses AI algorithms to provide financial services to African customers via an array of credit-centric products, … Read more
BTC price hits new December low as Bitcoin dips 2% with Asia stocks
Bitcoin fails to hold $17,000 as BTC price correlation with Asia stocks stands out on the day.
Wednesday’s Top Tech News: Chips born in the USA
President Joe Biden at TSMC’s Arizona facility. | Photo: Andy Blye TSMC prepares to manufacture processors in its new Arizona facility, and Call of Duty returns to Nintendo consoles. Continue reading…
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San Francisco reverses plans to allow police robots to kill suspects
The policy allowed the SFPD to arm bomb disposal robots similar to the one seen here with explosives to incapacitate and even kill suspects. | Photo by Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images San Francisco officials have voted against allowing the police to kill suspects with remote-controlled robots. The city’s board of supervisors reversed the … Read more
Autonomous and electric truck company Einride raises $500M in equity and debt
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. The cash injection constitutes an equity-based $200 million Series C portion from backers including Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure, and Norrsken VC. Additionally, the Swedish company said … Read more
Uber and Motional launch robotaxi service in Las Vegas
Uber and Motional, the Hyundai-Aptiv joint venture focused on commercializing self-driving technology, have launched a robotaxi service in Las Vegas — the first step in the companies’ 10-year plan to co-scale across major North American cities, which was announced in October. While Motional has already launched similar services in Las Vegas on both the Lyft … Read more
Robotaxis are now available to hail on the Uber app in Las Vegas
Uber now has robotaxis available for its customers to hail in Las Vegas. The vehicles are operated by Motional, a joint venture between Hyundai and Aptiv, and will feature safety drivers behind the steering wheel, though the vehicles will be operated by Motional’s autonomous driving system. Motional says it intends on launching a public fully … Read more
Twitter advertisers aren’t happy with ads appearing on pages of white nationalists
Laura Normand / The Verge Ads for around 40 high-profile brands and organizations have been spotted on the Twitter pages of white nationalists, according to a report from The Washington Post. Ads from brands including Amazon, Uber, Snap, and GoDaddy, media companies like USA Today and Morning Brew, and even one government organization, the US … Read more
Japan recommends against algorithmic backing in stablecoins
The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoins.
DeFi Project Mercurial Plots Revamp and New Tokens Following ‘Toxic’ Association With FTX
The plan will see Mercurial launch its popular products as a separate project under the name Meteora.
Chainlink Staking Opens With Initial $51 Million Inflow
The company launched staking on its platform on Tuesday.
Binance Generates 90% of Revenue From Transaction Fees, Changpeng Zhao Says
Cryptocurrency exchange Binance generates 90% of its revenue from transaction fees, CEO Changpeng “CZ” Zhao said.
Decentraland launches virtual property renting for LAND owners
The metaverse platform announced that users who own LAND within Decentraland can officially rent out the rights to the space through the digital marketplace.